ICLUB

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ICLUB
TA Ventures
Websiteiclub.vc

ICLUB is a global community of angel investment clubs founded by Viktoriya Tihipko's TA Ventures in 2018.

ICLUB's clubs invest in startups sourced, approved and invested by the European venture fund TA Ventures. ICLUB acts as an intermediary between startups and private investors.

History

The first investment club was founded in 2018 by Viktoriya Tihipko's TA Ventures in Kyiv, Ukraine.[citation needed]

Today, ICLUB provides access to investment opportunities in technological and high-growth companies of

APAC.[1]

Today, the club has 15 offices in 14 countries. These include Ukraine, the United Kingdom, Monaco, Cyprus, Poland, Portugal, Kazakhstan, Uzbekistan, Azerbaijan, United Arab Emirates,[2] Singapore, Spain, Austria, and Switzerland.

Key people

  • Viktoriya Tihipko, ICLUB Founder, TA Ventures Founding Partner;
  • Yuriy Romanyukha,[3] ICLUB Global, CEO;
  • Anna Magiera, ICLUB Executive partner in Europe.

Operations

From 2018 to 2022, the minimum cheque for one startup was $25,000; from June 2022, $10,000.[4] The largest individual cheque to a single startup was $250,000.

In 2022, the club invested $10 million in 27 companies.[5] As of 2023, the club's members have invested in 80 companies and participated in 109 rounds. The club closes 2–4 deals per month, attracting approximately $1 million in investment. The total amount invested is more than $35 million.

The fastest exit was in 8 months. It was a startup called Qentnis.[6]

The average allocation was between $150 and $350 thousand. The largest allocation was $1.3 million (successfully closed).[5]

Investments

The main areas of investment are fintech, digital health, biotech, software, logistics, cybersecurity, and e-commerce.[7]

In July 2021, ICLUB, together with TA Ventures, made an exit from the Spanish mobility startup Bipi. The exit was the result of Bipi's acquisition by

Renault Group unit called RCI Bank and Services.[8]

The club's investments include such companies as: Gemini, Coterie, Liki24, Walnut, etc.

The most significant investments of the club:

Title Headquarters Description Funding round Acquirer Holding period Exit In the media
Impress Spain Chain of orthodontic clinics Pre-Seed n/a 1.3 years No [9][10]
Bipi Spain Car subscription startup Series A RCI Bank and Services 2.3 years Yes [11]
Finimize United Kingdom Media product about finance with a focus on a closed platform community. A newsletter, app and events that talk about finance in simple terms Series A abrdn 11 months Yes [12][13]
Shift Germany European on-demand manufacturing marketplace Shift Seed Share swap /IPO [Xometry]

Online marketplace that allows customers to access a network of machine shops and custom manufacturers

3 months / 1.5 years Yes [14][15]
Vochi Belarus Video and photo editing application that enables addition of effects to individual objects in real-time Seed Pinterest 10 months Yes [16]
Qentnis Germany Provider of financial metrics that help hedge funds and other institutional investors analyze the development of both the market and specific companies to improve their investment strategies Seed Consumer Edge 8 months Yes [17]

Members

As of 2023, the club has more than 600 members. Distribution of members by location: Ukraine, EU countries, Central Asia and the Middle East.

Among the members: Biosphere Corporation founder Andriy Zdesenko, former Kyivstar CEO Petro Chernyshov, SCM Holdings top manager Andriy Gorokhov, Ajax Systems founder Oleksandr Konotopskyi, investment manager Maksym Koretskyi, and others.[18]

References

  1. ^ Valentyna Dudko (2021-06-14). "Великий прибуток з маленького чека. Як українські бізнес-ангели заробили на іспанському стартапі невидимої ортодонтії". forbes.ua (in Ukrainian).
  2. ^ Olha Hordiyenko (2021-04-07). "Український бізнес влаштував справжнє паломництво в Дубай. Що його приваблює?". forbes.ua (in Ukrainian).
  3. ^ Валентина Дудко (2022-06-09). "Український венчурний бум скінчився, навколо війна. Як планує виживати найбільший фонд – TA Ventures Вікторії Тігіпко". forbes.ua.
  4. ^ Liza Palchynska (2022-06-09). "ICLUB Global запускає онлайн-платформу для інвестицій у стартапи від $10 000". ain.ua (in Ukrainian).
  5. ^ a b Illia Kabachynskyi (2023-05-26). "80 startups, $35M in investments: how ICLUB works". ain.capital.
  6. ^ Tayisa Melnyk (2022-06-16). "Фонд TA Ventures та інвестклуб ICLUB Global здійснили екзит з німецького стартапу Qentnis". forbes.ua (in Ukrainian).
  7. ^ "AIN.Capital: 80 Startups, $35M in Investments Inside the ICLUB". techukraine.org. 2023-06-01.
  8. ^ Danylo Ivzhenko (2021-07-27). "TA Ventures и ICLUB сделали экзит из испанского стартапа Bipi". ain.ua.
  9. ^ Connor Bilboe (2020-12-21). "Fastest-growing direct-to-consumer startups 2020". sifted.eu.
  10. ^ Maia Yarova (2020-10-09). "TA Ventures and ICLUB invest in two startups in Europe and the US". ain.capital.
  11. ^ Indra Kishinchand (2020-11-13). "Bipi closes a €10.5M Series B round to accelerate local growth and expand in Europe". startupsreal.com.
  12. ^ Mark Kleinman (2021-10-28). "Abrdn's Bird swoops on Finimize as industry's digital shift accelerates". news.sky.com. Sky News.
  13. ^ Bérengère Sim (2021-12-03). "Meet abrdn's newest exec, a 34-year-old startup CEO". fnlondon.com. Financial News.
  14. ^ Ron Miller (2020-09-09). "Xometry raises $75M Series E to expand custom manufacturing marketplace". techcrunch.com. Techcrunch.
  15. ^ Steve O'Hear (2019-12-03). "Xometry acquires European on-demand manufacturing marketplace Shift". techcrunch.com. Techcrunch.
  16. ^ Sarah Perez (2021-12-06). "Pinterest invests in creator tools with acquisition of video creation and editing app Vochi". techcrunch.com. Techcrunch.
  17. ^ Maia Yarova (2022-06-16). "TA Ventures and ICLUB Global make an exit from startup Qentnis". ain.capital.
  18. ^ "Перестановки у венчурі. Ігор Перція йде з TA Ventures та ICLUB. Чому його тягне в метавсесвіт і Web3". forbes.ua. 2021-12-23.

External links

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